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to look at it right now. when people talk about obama care they forget about all the positives. the fact that right now for me in college i'm not paying any higher premium. i'm allowed to stay on my parents' health insurance until i'm 26 because of obama care. when i end up finding my own plan which i do plan on doing once i turn 26, i will not be denied for any pre-existing conditions, i'm not going to be denied because i'm a woman, i won't pay any higher charges. i think those are very important things to focus on but back to your point about student loan debt, i don't necessarily see it as a trade-off that way because i know a lot of people will not be able to be covered because of their parents because they're able to stay with them until they're 26 but with student loan, that's something that's tackled in a separate way but putting the two together -- >> i don't know, charlie, it's just expenses. you all have expenses, i got expenses, and i'm just trying to figure out how this is going to work out. look, what do numbers show from this harvard poll, it's that young people are going t
half of obama care. it's actually not going to -- they're cutting right into medicare. they're also cutting right into medicare advantage. isn't that going to lower the reimbursement rates for medicare and push doctors out of the medicare system? >> yeah, they're already leaving in droves from accepting medicare. and they're going to concierge practices, limiting their number of medicare patients they take. they are taking only commercial insurance plans. and many people are taking -- the premier physicians aren't taking any insurance. you just have to send the bill to your insurance company and hope that they pay for that. >> this is a dumb question, what would you have them do? obama dials you up, sees you on "the kudlow report," wants to know what you would do. what would you tell him. >> give everybody at birth a health savings account and that's what i would do -- >> just give it to them. >> it makes everybody a capitalist. and capitalism has been the winning formula -- >> tax free, save it up all those years, the inside build-up. this is what harold ford wanted when he was run
about. larry, back to you. >>> all right, many thanks to bob pisani. now, it looks like more and more like obama care is failing so badly that a bailout is already in the works for the nation's biggest health insurance companies. and that's because of what many are calling the perfect storm. not enough young people enrolling, too many older and sicker people signing up, also there are too many errors in the reporting back end of the health website. and today, they admitted to the appallingly big error rate. and 65% oppose a rescue for the health insurance industry. you know what, folks. one big bank bailout five yearers ago more than enough, thanks very much. here is independent senior policy analyst hadley heath and with us democratic strategist tracy sefl, lenwood brooks, policy director for public notice and cnbc contributor james pethokoukis of the american enterprise institute. good evening. heather, let me -- let me begin with you. what is up with this? what are they calling it? a corridor. they're calling it a corridor of assistance for the insurance companies. it soun
promise to find it for you right here at "mad money." i'm jim cramer. see you tomorrow. >>> president obama argued today that income inequality is the definie ining challenge of our . sorry, mr. president, the defining challenge of our time is to restore strong economic growth. in other words, the rising tide lifts all boats. we don't need redistribution tax hikes, we don't need state run health care, more spending, lower the incentive barriers and bring us growth. here's another big problem for president obama, the millennials are abandoning him and obama care in droves. a new poll shows plunging support from young people. because the obama care website is in such bad shape, the government now has offered to bail out insurance company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. this whole story has gone haywire. all right? all of this and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we're live here at 7:00 p.m. eastern,
for you right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> it's another day of bad surprises from obama care. and this may be the topper. some people with pre-existing conditions, especially cancer patients, may be worse off because of the new law. >>> and sticker shock. deductibles are skyrocketing and that means huge out-of-pocket posts. and then get this -- 70% of doctors in california won't play in obama care. >>> also tonight, very senior, highly placed republican house source in washington, d.c. tells me the budget deal is close but the sequester will not survive intact and there will be a revenue package. >>> and finally, the fight for economic freedom gets even more intense overseas. look at this statue of linen toppled. this fight is not going away. all those stories and much more coming up on "the kudlow report" beginning right now. >>> i'm larry kudlow. this is "the kudlow report." first up tonight, a report that a majority of california doctors, as many as 70%, are staying off the state's obama care exchange because they can't afford to participate. that
's utterly embarrassing for the president not to have put together the right technical website operation. i'm going to put aside i think it's a lousy product. you know that. i oppose obama care. but i want to go back to this whole technical issue of the screw up around the website. question number one, mr. deinz has come in as the savior and putting this back together in some shape or form. why didn't they go to a guy like zients to quarterback this operation in the first place because, as i'm sure you would agree, the political catastrophic downfall of obama because of this website has been just completely off the charts. if they had done this right with a quarterback, you know, zients is a talented guy. why didn't they start there? >> you got me, larry. i agree with you completely that the past two months -- my job has been much more difficult because there that's been significant political fallout from fact that this website has been a mess. that the launch has been riddled with and made all our jobs much more difficult on the side of people who support obama care. no question whatsoever
Search Results 0 to 5 of about 6